I thought about having them sign a new lease since they are month to month stating that they had to leave at the end of the new lease or something to that effect. 

We got down to $330K and signed the contract, where he budgeted line items himself. 

You can also call the We Buy Houses signs and ask them what you need to know.

Of course the owner didn't read the paperwork they signed so they go under contract thinking only of the 1st they are making payments on.Total debacle once the facts are discovered.Before going one step further I would be absolutely sure there is "no 2nd" because it is just as likely that there is a 2nd... it just isn't getting paid monthly.

You do not need the advice of others when you determine what you want first for yourself. 

She wanted to move in September 15th, so she also paid me for half of September and signed a one year lease.

The house is going to be selling for 300k Houses in that area selling for 325k -350kHouse is out dated and there is signs of termite damage. 

While I'm learning how to accurate determine ARV and trying to start wholesaling.

I have a duplex in South Minneapolis and unit #1 has two tenants who signed a year lease. 

Is this a time frame that a bank usually determines is long enough and then will give you a loan against it?